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If you have been offered the option of paying your life insurance premium for the year 2021 in advance (One single payment) or by monthly

If you have been offered the option of paying your life insurance premium for the year 2021 in advance (One single payment) or by monthly installment? if the yearly single payment equal to $180, what is the amount of equivalent monthly payment? (i=12%)

$15

$15.83

$15.99

$180

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